Posts Tagged ‘rent increase’
Can You Sell a Rental Property With Tenants Still Living Inside?
A lot of landlords assume that when they decide to sell a rental property, the tenant automatically has to leave. But in Ontario, that’s usually not how it works. In fact, tenant rights continue even when a property is listed for sale. And this is where many landlords get caught off guard. Selling a tenant-occupied…
Read MoreWhen Raising Rent Backfires (And How to Do It Properly)
For many landlords, raising rent feels simple: Higher rent = more cash flow. But in reality, poorly handled rent increases often create the exact opposite result. Instead of increasing profitability, they can lead to: And in Ontario’s rental market, replacing a good tenant is rarely as cheap or easy as people think. The goal isn’t…
Read MoreWhat Landlords Get Wrong About Rent Increases
If you’ve ever thought,“I’ll just raise the rent when it makes sense,”you’re not alone. But in Ontario, rent increases don’t work that way. They’re governed by the Residential Tenancies Act, which means: And getting any of those wrong can delay your increase — or invalidate it entirely. Let’s walk through the most common mistakes landlords…
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